The Canadian newspaper reports that "dozens" of parties who
purchased suites in the new hotel-condo complex have been trying
to renege on final payments. The payments average over $500,000.

The problem is that rising maintenance costs and exorbitant
property taxes have cost investors more than they expected.
Revenue from the hotel was supposed to offset rising property
costs, but the Star adds "buyers say they’ve been told hotel
occupancy is running anywhere from 10 to 50 percent and room
rates are averaging about $300 per night instead of the $600 and
up Talon had originally touted."